If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guangdong LingXiao Pump Industry Co Ltd is 0.89, which seems too high.
The historical rank and industry rank for Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio or its related term are showing as below:
SZSE:002884'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.73 Max: 0.95
Current: 0.89
During the past 12 years, the highest Dividend Payout Ratio of Guangdong LingXiao Pump Industry Co was 0.95. The lowest was 0.32. And the median was 0.73.
SZSE:002884's Dividend Payout Ratio is ranked worse than 88.03% of 1662
companies
in the Industrial Products industry
Industry Median: 0.33
vs SZSE:002884: 0.89
During the past 12 years, the highest Trailing Annual Dividend Yield of Guangdong LingXiao Pump Industry Co was 8.74%. The lowest was 1.62%. And the median was 5.09%.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 33.00% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangdong LingXiao Pump Industry Co was 67.70% per year. The lowest was 11.90% per year. And the median was 19.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Guangdong LingXiao Pump Industry Co Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Guangdong LingXiao Pump Industry Co Dividend Payout Ratio Chart
Competitive Comparison of Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio
For the Specialty Industrial Machinery subindustry, Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio falls into.
Guangdong LingXiao Pump Industry Co Dividend Payout Ratio Calculation
Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Guangdong LingXiao Pump Industry Co (SZSE:002884) Dividend Payout Ratio Explanation
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Guangdong LingXiao Pump Industry Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Guangdong LingXiao Pump Industry Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Guangdong LingXiao Pump Industry Co (SZSE:002884) Business Description
Guangdong LingXiao Pump Industry Co Ltd is a manufacturer of small household electric pump and industry support electric pump in China. The product range comprises hydromassage pump, swimming pool pump, SPA pump, stainless centrifugal pump, clean water pump, submersible pump, industry in-line pump, and variable frequency constant pressure water supply equipment. The company also exports its products to over 100 countries or regions worldwide.
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